Save Article

SEC Names Chief of New Risk Unit

In the latest shakeup at the Securities and Exchange Commission, the agency is bringing in law professor Henry Hu to run a new unit aimed at identifying market trends and new financial products.

Mr. Hu, of a professor at the University of Texas School of Law, will lead the newly created division of risk, strategy and financial innovation. The unit will combine two existing groups, the agency's office of economic analysis and risk...